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USD/CHF fails to break above 0.9700

FXStreet (Córdoba) - USD/CHF pushed higher and printed a fresh daily high after data showed US GDP growth was upwardly revised in Q3.

USD/CHF broke above European session highs and extended gains, but faltered a few pips ahead of 0.9700. At time of writing, USD/CHF is trading at 0.9690, recording a 0.28% gain on the day, having hit a high of 0.9697 so far.

USD/CHF technical levels

As for technical levels, if USD/CHF breaks above 0.9700, next resistances are seen at 0.9726 (Nov 24 high) and 0.9741 (2014 high Nov 7). On the other hand, supports could be found at 0.9662 (daily low) and 0.9625 (21-day SMA).

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